Bussière, Matthieu; Chudik, Alexander; Sestieri, Giulia - 2009
investigate the factors behind the dynamics of global trade flows, with a particular view on the issue of global trade imbalances … trade flows of various scenarios, such as an output shock in the United States, a shock to the US real effective exchange … be used to monitor trade developments, such as the sharp contraction in world trade that took place in the wake of the …